Chinese ghost towns are widely considered to be symptomatic of its property bubble. But some, like Yale professor and former chairman of Morgan Stanley Asia, Stephen Roach, have argued that these ...
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Inside China's 'ghost cities' crisis
It's been said that even China's population of 1.4 billion couldn't fill all the empty homes. Many are high-rise apartments in gleaming new financial districts that initially failed to take off.
Overbuilding, and a streak of bad luck, have left China’s real-estate developers in the red. Photo: Adam Adada How closely is demand for $3,000 handbags tied to home prices in China? Quite closely, it ...
Two seemingly contradictory realities co-exist in China: on one hand, Chinese cities are overpopulated, while on the other hand, there are also empty cities and tall skyscrapers almost entirely ...
BEIJING (Reuters) - After making sure everyone's face mask is on and sanitizer is to hand, the Qiao family heads out to Jingshan Park, a former royal sanctuary beside the Forbidden City in China's ...
Nearly 150,000 Syrian refugees have already claimed asylum in Europe and tens of thousands more are flooding the borders in search of places to live. Meanwhile, in China, there are millions of new ...
Walking through empty streets where laughter once filled the air feels deeply unsettling. These abandoned places tell stories of dreams that crumbled, disasters that changed everything, and ...
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